Welcome to our dedicated page for Brookdale Senior Living news (Ticker: $BKD), a resource for investors and traders seeking the latest updates and insights on Brookdale Senior Living stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Brookdale Senior Living's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Brookdale Senior Living's position in the market.
Brookdale Senior Living Inc. (NYSE: BKD) announced first quarter 2024 results, with a 6.7% increase in RevPAR, 160 basis point rise in occupancy, and a 34% improvement in net income. Adjusted EBITDA grew by 10% year-over-year. The company was recognized for its innovative programs and listed on U.S. News & World Report. Despite positive results, there was a net loss of $29.6 million. Liquidity increased to $355.1 million. The company obtained $50.0 million in debt in February 2024.
Brookdale Senior Living Inc. announced that the Company's management will participate in two investor conferences in May 2024: the RBC Capital Markets Global Healthcare Conference on May 14 and the Bank of America Securities Healthcare Conference on May 16. The Company's fireside chats will be live webcasted on its website and available for replay until June 14. Brookdale is a leading operator of senior living communities in 41 states, with 652 communities serving approximately 59,000 residents. The stock trades on the NYSE under the ticker symbol BKD.
